World Bank - Wire & Cable India
December 24, 2024

Wire & Cable India

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India Needs INR 30 Lakh Crore Investment by 2030 to Meet COP Pledges

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Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA) Mr. Pradip Kumar Das addressed an international webinar organized by the World Bank underscoring the need for INR 30 lakh crore investment to meet India’s Nationally Determined Contributions (NDC) goals by 2030. Feb 15, 2024 On the......
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Sidbi Sets up ‘Evolve’ Project to Finance 50,000 Electric Vehicles for MSMEs

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Sidbi is planning to finance nearly 50,000 EVs for MSMEs, collaborating with Niti Aayog for technical support, while financial assistance will be provided by World Bank, Korea-World Bank partnership facility and Korean economic development cooperation fund. All financing will be done under a new project called Evolve (Electric Vehicle Operations......
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IT, Telecom to Usher in Revolution in 5G, Cloud computing, Data Centre, AI, IoT

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Mr. Tushar Kanti Roy, Advisor Strategy, PPC Technology India Pvt. Ltd. – A Belden brand, says, “Thrust in technology provision will see optical fibre connectivity and data centre in various forms to generate high-speed voice, video, and data and increase its residential and enterprise deployment in large numbers in the country.”......
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West Bengal gets USD 135 million loan Approval from World Bank for Power Distribution

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The project is fundamentally aimed at improving the overall reliability of the power distribution system, besides making the network resilient to climate disasters, and improving the institutional capacity of WBSEDCL.  December 9, 2021 The International Bank for Reconstruction and Development (IBRD) and its concessional lending arm, the International Development Association......
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Andhra Pradesh to Receive Rs 4,000 Cr Assistance from World Bank for Power Infrastructure

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The Centre is also extending support for infrastructure development in power sector for both rural and urban areas November 23, 2015 The World Bank has given an in-principle approval for providing nearly Rs 4,000-crore financial assistance to Andhra Pradesh for power sector. “The Centre is also extending support for infrastructure......
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High demand for electricity China and India require large amounts of cables

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India and China are huge markets. Both countries have one thing in common: They have an increasing need for electricity and therefore also cables. China The economic development of the PRC has slowed. Nevertheless, for this year a GDP increase of about 7.5% is expected. In the spring of 2014,......

Kenya to invest USD 1.2 billion to strengthen power distribution

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April 17, 2013 Kenya Power Ltd. plans to spend 100 billion shillings (USD 1.2 billion) over five years to expand its electricity-distribution network in East Africa’s biggest economy. The electricity provider is negotiating loans worth USD 200 million from the World Bank, European Investment Bank, French Development Agency and African......

Arunachal awaiting sanction of DoNER for power proposal

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March 21, 2013 Arunachal Pradesh Power (Electrical) Minister Tanga Byaling informed that the state government was awaiting sanction of a project proposal submitted to the DoNER Ministry amounting to Rs. 1800 crores for construction of state’s own power grid and sub stations to minimise power transmission and distribution loss. Responding......

India’s investment in Africa has exceeded over USD 35 billion in 2011

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ELECRAMA 2014 showcased to a delegation of 37 Members of Parliament from 19 African countries India capability to African Countries offering technology solutions for electrifying Africa. Mr. Sanjeev Sardana, Chairman–ELECRAMA 2014 Organising Committee, hosted a networking session of the official delegation of Honorable Members of Parliament from Africa and Indian......

Govt seeks $1.5bn from WB to boost NE power sector

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June 10, 2012 The Government of India has sought 1.5 billion US Dollars from the World Bank for implementing a part of the comprehensive plan to improve power transmission and distribution infrastructure in the North-Eastern region. The World Bank is also discussing with the Government of India for the development......
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